On 29 May, BNG Bank (AAA/Aaa/AAA) launched a minimum A$40 million (US$26.5 million) increase to its November 2030 Kangaroo line. The forthcoming deal, which is expect to price on the day of launch, is being marketed at 66 basis points area over semi-quarterly swap, equivalent to 64.25 basis points area over Australian Commonwealth government bond. ANZ and TD Securities are leading.